Volvo’s cheapest and smallest EV won’t arrive in the US until next year. Volvo announced it’s delaying the EX30 launch in the US as it ramps up production in Belgium.
Volvo delays EX30 launch in the US until 2025
After EX30 production kicked off last fall in China, Volvo’s newest EV has already become a top seller in Europe.
Volvo sold 14,500 EX30 models globally in the first quarter of 2024, nearly topping the EX40 (17,400). Although the EX30 was expected to launch in the US by the end of this year, that will no longer happen.
Volvo informed retailers and preorder holders that the EX30 will be delayed with a new 2025 target delivery date.
The announcement comes “due to changes in the global automotive landscape,” according to Volvo.
Last month President Biden announced a 100% tariff rate on Chinese EV imports to “protect American workers” from China’s surging electric car industry. Biden said the new tariffs were due to “unfair practices” and artificially low-priced exports.
Earlier this month, the EU revealed additional tariffs expected on Chinese EV imports, including Volvo’s parent company, Geely.
Volvo’s deputy CEO, Bjorn Annwall, criticized the decision, saying the company stands for open and fair trade. “Anything that gets in the way of that is not a good thing,” Annwall said.
Annwall suggested the US-bound EX30 could come from Belgium. Volvo already announced plans to build the EX30 in Ghent, Belgium, to meet the demand, but not until 2025. It looks like that’s when the EX30 will begin arriving in the US.
Volvo confirmed the new delays come as it ramps up EX30 production in Belgium for the US market.
Top comment by David K
Not surprising, but disappointing for those of us who want a smaller, modern crossover in the US. My Seattle dealer has over 400 pre-orders. The problem with the delay is that even at $35k, the EX30 is going to have a lot more competition next year. Obviously if the price increases north of $40k, that will also hurt the launch here.
Volvo’s EX30 starts at $34,950 in the US, making it one of the most affordable options on the market. It’s available in both Single Motor and Twin Motor Performance options. The Single Motor EX30 features up to 275 miles range, while the AWD drive model gets up to 265 miles.
Despite its low starting price, the EX30 is loaded with the safety and tech features typical of Volvo’s vehicles. It features Google built-in and AppleCar Play support.
Earlier this month, Volvo began building its larger EX90 electric SUV in South Carolina (read more about Volvo’s EX90 here).
Source: Volvo Cars USA
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